Quantum computing revenue to hit $15 billion in 2028 due to AI, R&D, cybersecurity

Crypto-World - news 31.10.2023 03:00 The demand for quantum computing services will be driven by some process hungry research and development projects as well as by the emergence of several applications including advanced artificial intelligence algorithms, next-generation encryption, traffic routing and scheduling, protein synthesis, and/or the design of advanced chemicals and materials. These applications require a new processing paradigm that classical computers, bound by Moore’s law, cannot cope with. However, one should not expect quantum computers to displace their classical counterparts anytime soon.